PPP Loan Data — M & W Transportation Co., Inc., Nashville, TN
M & W Transportation Co., Inc.
Location: Nashville, TNTweet This • Search All PPP Data
M & W Transportation Co., Inc. is a corporation located at 1110 Pumping Station Rd in Nashville, Tennessee that received a Coronavirus-related PPP loan from the SBA of $2,511,800.00 in April, 2020.
$ PPP Loan Information
M & W Transportation Co., Inc. in Nashville, TN received a Paycheck Protection Loan of $2.51M through PINNACLE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, M & W Transportation Co., Inc.'s total 2019 payroll expenses were approximately $12.06M in order to qualify for the PPP loan amount received.
Based on their reported 177 jobs retained, this equals an estimated average yearly compensation of $68,117 per employee1.
Business Information - M & W Transportation Co., Inc. in Nashville, TN
1110 Pumping Station Rd
Nashville, TN 37210
General Freight Trucking, Long-Distance, Truckload (NAICS code 484121)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TN-05
Similar Companies near Nashville
In the Nashville area, 12 businesses in the "General Freight Trucking, Long-Distance, Truckload" industry received a PPP loan. These local businesses reported an average of 34 employees (compared to this company's 177) and received an average PPP loan of $450,899 (compared to this company's $2.51M).
Similar Nearby Businesses Who Received PPP Funding:
Niko Transport Services LLC
Tripod Transportation LLC
Temperature Controlled Express, Inc.
MLD Transport LLC
GCB Logistics Inc
Titan Transfer Logistics LLC
Industry PPP Comparison Statistics
Nationwide, 30,410 businesses in the "General Freight Trucking, Long-Distance, Truckload" industry received a total of $2,441,673,488.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 6 employees, 97% lower than M & W Transportation Co., Inc.'s reported 177 employees, and received an average PPP loan of $80,292, 97% lower than this company's loan of $2.51M.
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